巨星农牧(603477) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for the first quarter reached CNY 1,645,357,655.95, representing a 73.45% increase compared to the same period last year[4] - Net profit attributable to shareholders was CNY 129,645,889.86, a significant turnaround from a loss of CNY 138,047,904.89 in the previous year, marking a 193.91% increase[4] - The net cash flow from operating activities surged to CNY 258,345,555.32, up 2,865.67% from CNY 8,711,207.41 in the same quarter last year[4] - Basic and diluted earnings per share improved to CNY 0.25, compared to a loss of CNY 0.27 per share in the previous year, reflecting a 192.59% increase[5] - The weighted average return on equity rose to 3.88%, an increase of 8.48 percentage points from -4.60% in the previous year[5] - The net profit excluding non-recurring gains and losses was CNY 132,275,766.45, a 217.81% increase from a loss of CNY 112,275,152.48 in the same period last year[4] - Total operating revenue for Q1 2025 reached ¥1,645,357,655.95, a significant increase of 73.5% compared to ¥948,632,662.53 in Q1 2024[18] - Net profit for Q1 2025 was ¥130,952,181.52, compared to a net loss of ¥137,748,137.54 in Q1 2024, marking a turnaround[19] - Basic and diluted earnings per share for Q1 2025 were both ¥0.25, compared to a loss of ¥0.27 per share in Q1 2024[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,255,157,188.82, a 5.60% increase from CNY 8,764,113,124.65 at the end of the previous year[5] - The company's current assets reached RMB 3,373,305,255.96, up from RMB 2,863,933,360.71, indicating a significant increase of about 17.8%[14][16] - The inventory value rose to RMB 2,506,949,149.24 from RMB 2,092,577,839.97, representing an increase of approximately 19.8%[14][16] - Short-term borrowings increased to RMB 1,392,567,654.74 from RMB 1,058,372,144.31, marking a rise of about 31.5%[16] - The total liabilities of the company were RMB 5,819,268,738.98, compared to RMB 5,425,519,656.18, which is an increase of approximately 7.3%[16] - The equity attributable to the parent company reached RMB 3,396,512,765.30, up from RMB 3,300,524,075.59, reflecting a growth of about 2.9%[16] Cash Flow - The company's cash and cash equivalents stood at RMB 614,769,342.42, an increase from RMB 576,863,694.94, showing a growth of approximately 6.6%[14][16] - Cash flow from operating activities for Q1 2025 was ¥258,345,555.32, a substantial increase from ¥8,711,207.41 in Q1 2024[22] - Cash received from sales of goods and services in Q1 2025 was ¥1,571,184,697.86, compared to ¥923,311,484.33 in Q1 2024, reflecting a growth of 70.4%[22] - Total cash outflow from operating activities in Q1 2025 was ¥1,575,229,917.17, compared to ¥943,163,666.46 in Q1 2024[22] Investment and Financing Activities - The company reported non-recurring losses of CNY 2,629,876.59, primarily due to asset disposal losses and government grants[7] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] - The net cash flow from investing activities was -$247.93 million, compared to -$239.61 million in the previous period, indicating a slight increase in cash outflow for investments[23] - Cash inflow from financing activities totaled $773.20 million, up from$526.82 million, reflecting a significant increase in financing received[23] - Cash outflow for debt repayment was $604.66 million, which is a substantial increase from$259.70 million in the prior period[23] - The total cash outflow for investment activities was $313.78 million, compared to$274.17 million, indicating increased investment in fixed and intangible assets[23] - The company received $150.20 million from other financing activities, a significant increase from$23.79 million, highlighting enhanced capital raising efforts[23] Other Financial Metrics - The company reported a significant increase in prepayments, which rose to RMB 125,418,992.98 from RMB 77,744,509.98, representing an increase of approximately 61.2%[14][16] - The accounts receivable increased to RMB 90,474,813.84 from RMB 67,528,121.53, indicating a rise of about 33.8%[14][16] - The long-term borrowings decreased to RMB 256,851,280.02 from RMB 451,220,425.36, indicating a reduction of about 43%[16] - The cash flow impact from exchange rate changes was -$211,764.42, slightly worse than the previous period's -$132,112.24, indicating currency volatility effects[23] - The cash outflow related to other financing activities was $145.78 million, compared to$66.34 million, indicating a rise in associated costs[23]